Oil slipped from a five-month high as Hurricane Laura, which has disrupted refineries in the US Gulf, took a path away from the Houston area's massive energy infrastructure.
Laura made landfall early Thursday at Cameron, Louisiana, near the border with Texas, as a Category 4 storm and has started weakening. While it knocked out power to hundreds of thousands of people and has caused widespread damage, traders are waiting to assess the potential impact on both fuel production and consumption.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.